🔥🔥 [ANN] YFDAI |DEFI|Revolution in Decentralised Finance | Launchpad 🔥🔥

[Vicky agarwal]

Get ready for it 💪💪💪💪 https://t.co/BZZcfgi7tr

[Vicky agarwal]

Hello community,

We are glad to announce that the YFDAI  Whitepaper is now copyright protected by the Intellectual Property Office of Singapore.  The YFDAI team reserves all rights to use of the Whitepaper © 2020.

As per the Berne convention, the copyright is recognized and holds validity and is protected in all 179 countries that are part of said convention. Hence, YFDAI whitepaper is protected from plagiarism and content duplicity.

Another layer of protection of the YFDAI brand  has been added to the project, many more success stories will be coming soon.

Thanks
Team YFDAI

[Vicky agarwal]

@YfdaiF  always delivering amazing updates everyday !
Also Safeswap is happening today
$YFDAI $ETH

https://twitter.com/DMTLAND_/status/1343447876265889792?s=19

[Vicky agarwal]

#YFDAI featured on wn.com, here is the link

https://u.wn.com/2020/12/28/YFDAI_First_DeFi_Project_which_Balance_out_Regulations/

[Vicky agarwal]

https://twitter.com/StackingUSD/status/1343450801298149378?s=19

Make sure you read this. Like, comment and retweet guys💪

[Vicky agarwal]

ProBit announcement on telegram

🔈[Upcoming Listing] YFDAI.FINANCE (YFDAI)

🔹Trading Pairs: YFDAI/BTC, YFDAI/KRW
🔹Deposit: December 29, 2020, 10:00 KST
🔹Trading: December 29, 2020, 17:00 KST

👉YFDAI.FINANCE (YFDAI) listing details
👉Telegram
👉Discord
👉Medium
👉Twitter
👉Bitcointalk
👉Reddit

🎗Introduction (https://www.yfdai.finance/)

YFDAI is an entire permissionless DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts. Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total sup

[Usala]

I don't think It a good idea to list yfdai on centralized exchange at this moment, centralized exchange is full of dump, team can manage to control the price of yfdai on uniswap with the help of liquidity, but am afraid if they can do this with centralized exchange like Probit.

Should have waited for at least first quarter next year

[Badmanthought]

I don't think It a good idea to list yfdai on centralized exchange at this moment, centralized exchange is full of dump, team can manage to control the price of yfdai on uniswap with the help of liquidity, but am afraid if they can do this with centralized exchange like Probit.

Should have waited for at least first quarter next year

Be listed on decentralized or centralized exchange doesn't prevent dumping, token can as well go to zero on uniswap.
It's good to list on CEX before 1st, those that couldn't use Uniswap can as well use Probit now

[habilamesure]

Experiencing poor performance in Crypto market in general in every month of December is a usual thing.
people are withdrawing and converting their Cryptocurrency to fait for various reasons.
It's a festive period we should not forget that and people needs money to merry, from January we will Start seeing am upward trend again

[Vicky agarwal]

Dear Community,

Trading on Probit is now live !

Trading has commenced with the pair BTC - YFDAI

[Badmanthought]

Dear Community,

Trading on Probit is now live !

Trading has commenced with the pair BTC - YFDAI

Yfdai is not doing bad on Probit
https://www.probit.com/app#popup1609257800020
Let's maintain it market.
Let's go to Probit and trade

[Vicky agarwal]

Dear Community

In the interest of full transparency and in an effort to resolve all issues that a few community members have raised surrounding the timing of payments by the YFDAI LP farming pools, (the 72 hour, 30 day, 60 day and 90 day contracts)  We have decided to modify and reprogram the bot to take the snapshot for the rewards for all 4 pools once every 24 hours.  So instead of receiving rewards after 72 hours or every 7 days, the rewards will be claimable every 24 hours.  To avoid potential flashloan attacks the exact timing of the release of the rewards during the 24 hour period will be randomized. Final testing of the bot is being carried out and this will take effect on all pools within 24hrs with all rewards being distributed daily moving forward.  The DAI and WETH vaults are not affected by this and the payout period will remain the same for those vaults. 

Also people have questioned whether the YFDAI farming contracts are audited or not. You can check on Coingecko farming page and see that they are not audited.  The reason they were not audited was because the code is very similar to the staking contract which was audited.  The farming contracts have been running for over 2 months now and have been stress tested to verify they are functioning properly.  About half of the farming contracts (96 out of 200 listed on Coingecko) are not audited as shown under the audit column on Coingecko. Since we will be shifting to community governance very shortly, if the community wishes to make proposals and vote on auditing the farming contracts after doing a cost benefit analysis of the price to audit 6 contracts (Approximately $60,000) then the communities decision will be implemented. 

We would like to thank the users that raised concerns and hopefully with this announcement and the changes to the distribution date we will restore the communities' confidence in YFDAI's farming products.   



YFDAI TEAM

[Vicky agarwal]

https://twitter.com/LordHokage29/status/1343970394592714754?s=19

$YFDAI listed on Probit! Another milestone achieved as it expands on more trading communities/audiences.
Price is chilling atm as we prepare for the altseason. To not forget:
*Quarterly token burn event coming on 30 dec.
*Profitable staking feature

#SafeSwap #Defi

[Vicky agarwal]

No news on SafeSwap launch yet!
Though it was supposed to launch on 28th, today is 29th is there delay on launch?

Team already posted on telegram and Twitter details

[Vicky agarwal]

https://t.me/yfdai/246

Dear Community,   YFDAI will be engaging in its 2nd token burn event on December 30, 2020.  The token burns occur quarterly until the total supply is reduced to 13950. The tokens to be incinerated will be sent to a burn address where they will never be recoverable. This reduces the outstanding circulating supply and creates upward price pressure. The tokens to be burned are collected at this address:  https://etherscan.io/address/0xf29b6cfd7019df58267fbcba3c0915f66baca08e             
 YFDAI team.

[Vicky agarwal]

Dear Community

Regarding the release of SafeSwap, we are still working on some finishing touches on liquidity, and finalising minor aspects of the UI. We will be launching Safeswap in the next 48hrs,  and will update you via the announcement channel in the next 24hrs.  We apologise for the launch’s delay.

YFDAI Team

[BigDollarboy]

No news on SafeSwap launch yet!
Though it was supposed to launch on 28th, today is 29th is there delay on launch?

Team already posted on telegram and Twitter details

I am not following on Telegram, too many spammers out there in telegram, please try to update us here always, not every is interested in visiting the Telegram forum thank you

Yes you are right about Telegram, it's better off in here. I get 10s of pm everyday on Telegram from different spams.
It's better to stay here than moving to telegram since we can as well get the same informations here

[Vicky agarwal]

Today we are featured on hackernoon 🎉🎊

https://community.hackernoon.com/t/yfdai-first-defi-project-which-balances-out-regulations-decentralization/56797

[Vicky agarwal]

Dear Community,

We are pleased to announce that the Second quarterly burn of YF-DAI has been completed.  A total of 130 tokens has been burnt reducing the total supply to 20,793.5.  Here you will find confirmation:

https://etherscan.io/tx/0x2f3890320cb07a2dca5cd386cf6c0417e823afbcca1dbbf47e773bc5bafa829b

YFDAI TEAM

[Vicky agarwal]

Dear Community

YFDAI's SafeSwap DEX has gone live!  And listed on it are tokens from its first 2 vetted projects: Ferrum (FRM), DEXTools (DEXT).  Currency-pair trading is available on the platform in YFDAI/FRM, YFDAI/DEXT, and YFDAI/USDT.

There's a lot to know about this platform.  Please refer to our Medium article by clicking on bellow link

YFDAI Team

https://medium.com/@yfdaifinance/yfdais-safeswap-dex-the-next-evolutionary-step-forward-in-defi-has-launched-811ff8d14f46